Section 235 of Companies Act - Power to acquire shares of shareholders dissenting from the scheme or contract approved by the majority

Shajathali S , Last updated: 10 October 2022 Share Follow on Google News

Introduction When a company acquires shares or gets assent from not less than 90% of shareholders of the transferor company, then the transferee company has right to acquire the balance 10% shares from the shareholders those who dissent from the acquisition offer made by the transferee company. T

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About the Author

Shajathali S

On secretarial team @IBL Groups

CS Final level student, undergoing Articleship in IBL Group of Companies. Handling Stock exchange and other compliances independently, Love to travel and writing blogs

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